Future of Telegram. Part 1 Blum Code 26 December: How Meme Coins Dominated the 2024 Crypto Scene

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How Meme Coins Dominated the 2024 Crypto Scene

Future of Telegram. Part 1 Blum Code December 25

On December 25, Blum Academy unveiled the video “Unlocking Telegram Money-Making Trends 1/4: Memes Monetization”. Future of Telegram. Part 1 Blum video delves into the transformative impact of meme coins on the crypto industry. The video examines DOGS on TON‘s impressive $700M market cap and $2B trading volume, the rise of meme pads for instant token creation, memes’ role in driving the attention economy, and the promising future of Telegram mini apps in the evolving Web3 landscape.

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Contents

1 Meme Coins Has Dominated the 2024 Cryptocurrency Market
2 How Meme Coins Surpassed AI Narratives
3 Shifting Focus in Crypto Investments
4 The Role of Blockchain Ecosystems
5 What’s Next for Meme Coins?
6 Future of Telegram. Part 1 Blum Code on WEEX
7 Staying Informed: Future of Telegram. Part 1 Blum Updates on WEEX

Meme Coins Has Dominated the 2024 Cryptocurrency Market

In 2024, meme coins emerged as a dominant force in the cryptocurrency market, capturing 30.67% of global investor interest, according to a recent CoinGecko report. This surge marked a significant shift in the market, with meme coins growing from 8.32% of attention in 2023 to 14.36% in 2024. These assets, fueled by humor, culture, and community-driven enthusiasm, gained widespread appeal. Solana-based meme coins were particularly successful, securing 7.65% of market interest, while Base ecosystem meme coins captured 2.13%, ranking 11th. AI-inspired and cat-themed tokens also made their mark, underscoring the diversity within this rapidly expanding category.

How Meme Coins Surpassed AI Narratives

While artificial intelligence (AI) narratives maintained strong momentum, securing 15.67% of investor attention, they were eclipsed by the explosive growth of meme coins. The main AI narrative experienced a slight increase, rising from 11.32% in 2023 to 12.58% in 2024. However, the playful and speculative nature of meme coins proved more captivating to a wider audience, leaving AI narratives in the shadow of this new trend.

Shifting Focus in Crypto Investments

The dominance of meme coins in 2024 coincided with a decline in other once-popular narratives. GameFi, for instance, saw its share of investor interest plummet from 10.49% in 2023 to a mere 3.72% this year. Conversely, Real World Assets (RWA) narratives gained traction, climbing from 6.48% to 8.64% and securing the third spot among crypto narratives. Decentralized Physical Infrastructure Networks (DePIN) also rose in popularity, reflecting the evolving focus on real-world applications.

The Role of Blockchain Ecosystems

Blockchain ecosystems like Solana and Base played a pivotal role in the rise of meme coins. Solana’s broader ecosystem accounted for 5.78% of investor interest, while Base-related narratives emerged as strong contenders with a combined share of 4.87%. These platforms provided the technological foundation for meme coins to thrive, reinforcing their position as key drivers of innovation in the crypto space.

What’s Next for Meme Coins?

The growing dominance of meme coins signals a shift in investor priorities toward speculative and community-driven opportunities. As the top 20 crypto narratives accounted for nearly 79% of global interest, meme coins emerged as the undisputed leader, outpacing traditional DeFi and infrastructure-focused narratives.

As 2024 draws to a close, meme coins have not only dominated the spotlight but also reshaped the crypto investment landscape. Their ability to capture attention and foster vibrant communities makes them a trend to watch in the years ahead. Whether through dog-inspired tokens or AI-driven humor, meme coins are here to stay, commanding the attention of investors and redefining what it means to thrive in the world of cryptocurrency.

Future of Telegram. Part 1 Blum Code on WEEX

WEEX is gaining recognition as an excellent crypto exchange for beginners due to its user-friendly platform, security measures, and extensive educational resources. Whether you’re a beginner or a seasoned trader, WEEX offers a seamless trading experience with support for various cryptocurrencies, including BTCUSDT, ETH/USDT, DOGE/USDT, XRP/USDT, WXT/USDT SOL/USDT and other numerous altcoins. Beyond trading, WEEX is dedicated to educating its users, making it a trusted resource for those looking to stay informed in the fast-paced world of crypto.